7 Wenlock Road London N1 7SL

3930 sq. ft. Under Offer

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Location

The building is situated within the tech district of Shoreditch, close to Old Street Roundabout and Wenlock Basin. Approached from City Road, the building is well connected to both Old Street and Islington.

Description

The building was constructed fifteen years ago to provide commercial workspace.

The premises are situated over the ground and lower ground floor and are currently utilised as a workshop on the lower floor with a newly refurbished office space on the upper floor. Both floors benefit from natural daylight.

There is direct vehicular access to the lower floor with a loading bay and a designated car parking space.

Transport

Old Street (Northern line and National Rail)
Angel (Northern line)
Kings Cross (National Rail and Underground) / St Pancras (Eurostar)
Buses 43, 205, 214, 394

Amenities

• Refurbished office floor
• Galvanised perimeter trunking with power
• Galvanised ceiling trays
• Suspended fluorescent lighting
• Fresh air ventilation system
• Good natural daylight
• Kitchen & break out area
• Lower ground workshop / warehouse
• Painted concrete floor
• Three phase power
• Demised WCs
• Passenger lift
• Vehicular access and loading bay
• Designated car parking space
• Outside the congestion charge

Virtual Freehold

A 999 year lease from 1st January 2005

Price

£1,750,000 plus VAT

(£445 per sq. ft.)

Ground Rent

£100 per annum

Service Charge

The estimated service charge for the current year to 31/03/2022 is £20,563 (£5.23 per sq. ft.)

Business Rates

Business rates payable for 2021/22 are £14,976 (£3.80 per sq. ft.)

Interested parties are expected to satisfy themselves in respect of business rates obligations through the VOA or London Borough of Hackney.

Use

B1

VAT

The property is elected for VAT

Approximate floor area

Floor Sq. Ft. Sq. M.
Ground 1532 142.33
lGround 2398 222.78
Total 3930 365.11

Property Misdescriptions act 1991 / Misdescriptions Act 1967. Anton Page LLP for themselves and for the vendors of this property whose agents they are, give notice that: These particulars do not form any part of any offer or contract: the statements contained therein are issued without responsibility on part of the firm or their clients and therefore are not to be relied upon as statements or representations of fact, any intending purchaser must satisfy himself as to the correctness of each statement made herein: and the vendor does not make or give, and neither the firm nor any of their employees have the authority to make or give, any representation or warranty whatever in relation to this property. All prices exclude VAT.